Rebar producers in the United Arab Emirates increased their prices for January production, effective Thursday, December 19.The country's biggest producer, Emirates Steel, is offering rebar at 1,900 dirhams...Read More

(IDEX Online) - Carla Liuni, formerly vice president of Global Marketing & Communication at Bulgari, is joining Pandora as its chief marketing officer. She will also serve on Pandora's Executive Leadership Team.  For the past four years Liuni, who will join Pandora in March 2020, has been responsible for marketing and communication at Bulgari. Prior to that, she spent almost 20...Read More

Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesTulkubash, Kyzyltash to add 400,000ozpa to Chaarat profileSPONSOREDThe 13,590m programme included step-out drilling to the north, where nine out of 10 holes encountered significant widths of mineralisation above the...Read More

Turkish steel mills have continued to stay away from the deep-sea scrap markets on Thursday December 19 and are focusing on finished steel sales, participants told Fastmarkets.Mills in the country went quiet earlier this week after booking two deep-sea cargoes at steady prices of $299-300 per tonne cfr for Baltic Sea-origin HMS 1&2 (80:20).The offers for deep-sea scrap then increased to $305-310 p...Read More

Ukrainian steelmaker Metinvest plans to continue cutting pig iron shipments in 2020 and to further increase its slab and steel output, sales director Dmitry Nikolayenko told Fastmarkets on the sidelines of the Middle East Iron & Steel (MEIS) conference in Dubai last week.In 2020, Metinvest's pig iron shipments will be down by about 200,000 tonnes compared with 2019, the company said.Over the first...Read More

The European steel industry has welcomed the European Commission's recently launched European Green Deal although further policy and support are required to ensure competitiveness.The European Union plans to be the first climate-neutral continent by 2050 through key policies to cut emissions and invest in research and innovation for green technologies. The decarbonization and modernization of ener...Read More

Seaborne iron ore prices experienced a slight uptick on Thursday December 19 amid ferrous futures gains in China.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.77 per tonne, up $0.57 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $92.86 per tonne, up $0.57 per tonne.62% Fe low-alumina fines, cfr Qingdao: $93.66 per tonne, up $0.54 per tonne.58% Fe fines high-premium, cfr Qingdao: $...Read More

Seaborne coking coal prices remained largely rangebound on Thursday December 19 despite more deals being concluded.Fastmarkets indicesPremium hard coking coal, fob DBCT: $134.12 per tonne, down $1.55 per tonnePremium hard coking coal, cfr Jingtang: $148.13 per tonne, up $0.80 per tonneHard coking coal, fob DBCT: $122.33 per tonne, unchangedHard coking coal, cfr Jingtang: $134.9...Read More

What's in store for the steel and scrap markets in 2020? There is a good mix of opportunities and threats in the global ferrous trading environment in 2020, according to five major traders with supply chains out to the far reaches of the world. China's volatile policy changes, blooming markets in South Asia, a global trade war and excess steel supply will continue to have significant sway over the...Read More

China's domestic rebar prices moved up slightly on Thursday December 19 amid rising futures after the release of data pointing to a drop in output. Domestic Eastern China (Shanghai): 3,810-3,840 yuan ($544-548) per tonne, up 10 yuan per tonneNorthern China (Beijing): 3,500-3,540 yuan per tonne, up 10-20 yuan per tonneMajor steel mills produced 3.58 million tonnes of rebar in the week to Thursday,...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Jobless Claims was a drop to 225,000 from 252,000 last week. Actual was 234,000. Consensus for December Philly Fed Index was a drop to 8.0 from 10.4 in November. Actual was.0.3%T...Read More

Spot market prices for alloy-grade and standard-grade cobalt diverged in the first half of the week. Large spot inquiries continued to materialise for certain brands and shapes of metal, though sales of off-grade units have clouded any optimism in the standard-grade market so far.Fastmarkets' price assessment for cobalt, standard-grade, in-whs Rotterdam, fell 10 cents on the high and low of the ra...Read More

Two weeks of strikes in protest against government plans to reform pension arrangements have delayed some minor metals deliveries that will now be postponed until 2020."It's very difficult to get material in and out of France and this is practically the last week of the year to ship goods to customers," a European minor metals trader said. "From next week onwards, most manufacturers close or are...Read More

December 19, 2019 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce final analytical results from its 2019 phase two exploration program at its wholly owned Thorn Project located in the Golden Triangle of British Columbia. The analytical results reported below are from a total of ten core holes, which is the balance of the 2019 program. Six...Read More

Lucara Diamond (TSX: LUC) is the latest miner to inject some optimism into a depressed market that was hit this year by an unforeseen oversupply and increasing demand for lab-made gems by announcing better than expected sales in December.The Vancouver-based company, which operates the prolific Karowe mine in Botswana, fetched US$52.9 million in the final tender held last week. The figure represent...Read More

Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesTulkubash, Kyzyltash to add 400,000ozpa to Chaarat profileSPONSOREDESG has gone well beyond being a handy acronym to describe a subset of vital business concerns. It is a movement driven by a religious-like fervour t...Read More

"MJ at the historic San albino milling site which Sandino took over to fund the Sandinista movement in the 1920s in Nicaragua"Read full newsRead More

"Thankful for everybody who made this a fantastic and exciting #FinTwit year. I wish you all a Merry Christmas, great festive season and a Happy New Year. Enjoy the holidays!"Read full newsRead More

Sweden's central bank ended five years of negative interest rates on Thursd...Read full newsRead More

China said on Thursday it will sell 40,000 tonnes of frozen pork from its state ...Read full newsRead More